Khmer Times

The Korea International Cooperation Agency (KOICA) and the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) yesterday held a discussion meeting at the Council for the Development of Cambodia (CDC). ...

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Prime Minister Hun Sen has appealed to all banks and microfinance institutions nationwide to understand the difficulties faced by flood victims who owe them, asking them to delay repayment or reduce the interest rate during the flooding. ...

In two consecutive days, Cambodia registered another new imported case of COVID-19 on a Polish man today, raising the tally of infections to 286.   ...

The UN Development Programme (UNDP) announced yesterday that  Sweden will contribute about $500,000 to  its joint conservation efforts with the Environment Ministry in Pursat and Siem Reap provinces to support tree planting activities, the establishment of plant nurseries and a “cash-for-work” initiative. ...

The National Bank of Cambodia (NBC) has announced a $50 million auction this week to stabilise the local currency exchange rate in the market. The NBC has informed banks, microfinance institutions (MFIs) and licensed money exchangers that the minimum rate for auction will be announced ...

Cambodia Rice Federation (CRF) has claimed that the floods, which have had the biggest impact on the agriculture sector, will not hurt the country’s rice exports this year. ...

Flooding has created uncertainty over the Kingdom’s economic outlook this year, with various figures bandied about and thousands of households and paddies affected. ...

The Ministry of Public Works and Transport (MPWT) held consultations to decide the location of National Ring Road 4 around Phnom Penh. Once complete, it is expected to ease traffic and freight transportation. But the location of the project is being kept under wraps to ...

Cambodia performs better at global commitment to reduce inequality, despite COVID-19, according to a report on Oxfam in Cambodia Policy. ...

Flooding has caused delays in the transportation of goods for many days as national roads suffer damage, costing the country’s economy dearly because the government will have to spend more on repairs. ...

A senior executive officer of Cambodian rice-crackers manufacturer Lyly Food Industry Co Ltd has said the company will build a special economic zone (SEZ) in Preash Sihanouk province and plans to launch it next year. ...

The Ministry of Public Works and Transport has convened a meeting to discuss the speeding up of the draft port law. The law is expected to play a crucial role in management and development of port, promotion of national and international trade, order maintenance, facilitation ...

Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, has encouraged farmers to consider raising frogs as the market demand for the baby frogs is increasing. ...

The National Committee for Disaster Management (NCDM) this morning reported that the ongoing flash floods have so far killed 18 people, including 8 children. ...

The Ministry of Environment announced yesterday that rangers have cracked down on natural resource crimes in Prey Lang Wildlife Sanctuary with 954 cases during the first nine months of this year. ...

The Ministry of Environment held an exhibition of rare birds in Siem Reap province yesterday to promote conservation and ecotourism in Cambodia, as some species near extinction due to poaching. ...

The United States, through the U.S. Agency for International Development (USAID), is providing $100,000 in immediate humanitarian aid to support response efforts to severe flooding in Cambodia, according to a news release of the U.S. Embassy in Phnom Penh. ...

CambodiaN Mine Action Centre (CMAC) and Cambodia Mine Action and Victim Assistance Authority (CMAA) have urged people to be aware of an increased risk of mines during floods. ...

Global financial institutions have provided a more positive outlook for Cambodia’s economic outlook because the country has been far less affected by COVID-19 than others. Cambodia’s Ministry of Economy and Finance (MEF) claimed that the prediction is based at least in part on the government’s ...

The Ministry of Tourism and the private sector have discussed a nearly 200-page draft roadmap to restore the tourism sector during and after the COVID-19 crisis for the period 2020-2025. ...

The government is sending a new draft law on investment to the private sector to discuss ways to make it more comprehensive and help Cambodia become an attractive destination for new investment and to improve the investment environment in the country. ...

The Cambodia Securities Exchange (CSX)-listed Phnom Penh SEZ Plc (PPSP) has announced that it will have no dividend distribution this year and will also be buying back company shares (at an undisclosed volume and value), according to documents filed to the exchange. ...

Newly appointed Ambassador of Russia to Cambodia Anatoly Borovik has pledged to further boost the trade relations and investment between the two countries, which are currently at a low level.   ...